Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to combat ‘lifestyle inflation.’
Quote of the Day
"You can’t possibly load your cart up with enough stuff to fill an unfillable void."
(Peter Dunn)
Spending
- Nick Maggiulli, "The hard part, therefore, isn’t spending your money, but figuring out what you truly want out of life." (ofdollarsanddata.com)
- What to think about before buying someone a big ticket item for the holidays. (cnbc.com)
- Melanie Lockert, "I always say that the trouble with saving and spending is that you need to consider you could die tomorrow or live until you're 100. It's a tough balance to live in the moment and enjoy the fruits of money while also saving for an uncertain future." (twitter.com)
Charitable giving
- Three ways to make charitable contributions in the most tax-efficient manner. (morningstar.com)
- The secret of money is having enough so that you can give it away. (safalniveshak.com)
- Questions to ask before putting money into a donor-advised fund. (morningstar.com)
Investing
- Eight investing traps and what to do to mitigate them. (thefinancialbodyguard.com)
- Why we are so easily attracted to the hot new, financial product. (tonyisola.com)
- Three ways to simplify your portfolio going into 2020. (morningstar.com)
- You don't have to buy the target-date fund closest to your projected retirement date. (humbledollar.com)
Families
- Prenups are a smart financial decision with a big emotional impact. (petetheplanner.com)
- How to conduct an annual family meeting. (getrichslowly.org)
- Why inter-generational money discussions can be so fraught. (wsj.com)
Personal finance
- There is no magical amount of money that will make you blissfully happy. (silverlightinvest.com)
- Financial goals often require patience. How to feel like you are making progress. (thesimpledollar.com)
- How 'habit stacking' can help you reach your financial goals. (humbledollar.com)
- Five cognitive styles that get in the way of creating wealth. (psychologytoday.com)
- The power of Health Savings Accounts. (independenceadvisors.com)
- How wealth figures into the decision to move to a low-tax state. (pointsandfigures.com)
